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September 30, 2024 / 2024 Power 25 Health Care

2024 Power 25 Health Care: David Cordani

David Cordani

David Cordani is perhaps one of the most influential leaders in the health insurance industry, and he’s led Bloomfield-based Cigna Corp. as CEO since 2009.

Cordani has been an outspoken proponent of private insurance being the best way to make affordable healthcare coverage more widely available in the U.S.

He’s also been in the middle of some significant M&A deals, including one that didn’t work out. Last December, Cigna abandoned plans to acquire its rival Humana, after the two companies failed to agree on the price and other terms.

Then, a month later, Cigna announced this past January that it agreed to sell its Medicare Advantage business to Health Care Service Corp., in a deal valued at $3.7 billion. Cigna, and its partner Oscar Health, this year also announced plans to withdraw from Connecticut’s small group fully insured health insurance market.

Cordani oversees thousands of employees in Connecticut, and he’s been an advocate of getting them back to the office.

He sent a companywide email last year outlining plans to require more employees to work in the office the majority of time.

Cordani has been Cigna’s president since 2008, CEO since 2009 and was named board chair in 2022, giving him considerable power within the organization. He also serves as an executive committee member of America’s Health Insurance Plans, the industry’s largest trade group, and previously was appointed and served as board chair.

Cordani earned his MBA at the University of Hartford.

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